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Monetary Transmission and Financial Indexation
			: Evidence from the Chilean Economy

Monetary Transmission and Financial Indexation : Evidence from the Chilean Economy »

Volume/Issue: 1994/17

Series: IMF Policy Discussion Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1994

DOI: http://dx.doi.org/10.5089/9781451965407.003

ISBN: 9781451965407

Keywords: Turkey, inflation, monetary policy, real interest rates, money growth, real interest rate

This paper reviews empirical evidence on the operation of the monetary transmission mechanism based on targeting of interest rates on indexed assets in the Chilean economy. The empirical evidence has two policy imp...

Monetary Transmission and Financial Indexation

Monetary Transmission and Financial Indexation »

Source: Monetary Transmission and Financial Indexation : Evidence from the Chilean Economy

Volume/Issue: 1994/17

Series: IMF Policy Discussion Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1994

ISBN: 9781451965407

Keywords: Turkey, inflation, monetary policy, real interest rates, money growth, real interest rate

This paper reviews empirical evidence on the operation of the monetary transmission mechanism based on targeting of interest rates on indexed assets in the Chilean economy. The empirical evidence has two policy imp...